Quick Summary: Global Flight Cancellations Top 13,000 Amid Fuel Crisis
Airlines cut 2 million seats from May schedules due to fuel shortages.
Jet fuel...
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Gilead announced 192 layoffs post-Arcellx acquisition, marking a major restructuring.
The cuts include 108 jobs in Redwood City and 84 in Rockville, Maryland.
This move...
Quick Summary: Reserve Bank Says NZ Banks Can Withstand Iran Conflict Shock
RBNZ assures New Zealand banks can withstand economic shocks from the Iran...
Quick Summary: Hotels in U.s. World Cup Host Cities Claim Underwhelming Demand, New Report Says
Hotels in U.S. World Cup host cities report weak bookings...
Quick Summary: Marriott, Vinhomes Launch 700-Room Luxury Project in Vietnam
Marriott and Vinhomes signed a deal for two hotels in Can Gio, Vietnam, marking...
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Sam Altman accuses companies of 'AI washing' layoffs — he claims firms blame AI for cuts they would make anyway.
OpenAI CEO warns genuine...
Quick Summary: Market Gambling Leaves No Room for Easy Answers
Warren Buffett warned that the market has become a 'church with a casino attached', criticizing...
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The S&P 500 and Nasdaq closed at record highs, extending their winning streaks to six weeks, driven by strong earnings and softer crude...
Quick Summary: Economic Reform Developments Draw Fresh Attention
Pakistan's finance minister emphasizes a transparent and investor-friendly economy, aiming to deepen capital markets and enhance...
Quick Summary: Trumps ownership Developments Draw Fresh Attention
The White House's plan for government ownership faltered as Spirit Airlines shut down, impacting 17,000 jobs.
President Trump...